The use of stacking/layering strategies is strictly prohibited on our Limitless Challenge.
Stacking/Layering refers to the practice of opening any more than two positions on the same instrument in the same direction (either all long or all short) within a short period of time or at certain intervals, whether timed or based on specific increments. While this tactic may be used to increase exposure to a particular trade idea, it can also lead to excessive risk and market manipulation.
Purpose of the Rule:
This rule is in place to promote responsible trading practices and to ensure a fair and transparent trading environment for all participants. Stacking can artificially inflate market exposure and create undue risk, both for the individual trader and for the broader trading community.
Consequences of Violation
Violating this rule may result in the following actions:
Warning: A formal warning issued to the trader.
Trade Profit Removal: Some or all trading profits related to these trades may be removed.
Account Suspension: Temporary suspension of the trading account.
Termination of Account: Permanent termination of the trading account, with potential forfeiture of profits if the stacking strategy is deemed to have violated the terms of service.
Monitoring and Enforcement:
Our systems actively monitor trading activities for instances of stacking. Any identified violations will be reviewed by our compliance team, and appropriate action will be taken in accordance with this policy.